UK’s payments regulator lays down mandatory reimbursements in APP fraud victims

June 7 (Reuters) – Britain’s Payment Systems Regulator (PSR) said on Wednesday it has made it mandatory for banks and payment firms to reimburse victims of online bank fraud within five days, in cases where users at a business send money to a bank account controlled by fraudsters. Thousands of people have seen their savings […] The post UK’s payments regulator lays down mandatory reimbursements in APP fraud victims appeared first on Oxford News Today.
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